At Altis, we know that data is at the core of the 4th Industrial Revolution (Industry 4.0).
With more than 20 years’ experience in Data and Analytics, we know how to help organizations embrace Industry 4.0 by releasing the power of their data.
Industry 4.0 relies on interfaces to capture and present data at different stages of the process. The data captured can be:
Interfaces are either machine-to-machine (no human involved) or machine-to-human where the producer or consumer of the data is a human. They can include:
The principal characteristic of Industry 4.0 in comparison to traditional Data and Analytics is that the result of a data process (e.g. a Machine Learning algorithm) is not presented to human being, but rather used by another automated process.
The decision making automation and the following action is the main paradigm shift introduced by Industry 4.0.
As suggested above, advanced processing is often applied to captured data before it can be used. This is where concepts of Artificial Intelligence, Machine Learning and Analytics are applied.
The applications are countless from manufacturing to asset management, from healthcare to online retail.
In the utilities sector, Altis has been working with clients on IoT and advanced analytics initiatives which automate the collection, processing and analysis of data as well as the automatic triggering of actions in operational systems. Examples include: